The contraction of the sugar industry idles cane cutters while the demand for IT workers remains unsatisfied. The cane cutters are Select one: a). not in the labour force. b). cyclically unemployed. C). seasonally unemployed. d). structurally unemployed. e). frictionally unemployed.

The contraction of the sugar industry idles cane cutters while the demand for IT workers remains unsatisfied. The cane cutters are Select one: a). not in the labour force. b). cyclically unemployed. C). seasonally unemployed. d). structurally unemployed. e). frictionally unemployed.

Macroeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506756

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter8: Economic Fluctuations, Unemployment, And Inflation

Section: Chapter Questions

Problem 3CQ

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Question

The contraction of the sugar industry idles cane cutters while the demand for IT workers remains unsatisfied. The cane cutters are Select one:

a). not in the labour force. b). cyclically unemployed. C). seasonally unemployed. d). structurally unemployed. e). frictionally unemployed.

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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